Hedge funds are getting crushed by the worst short squeeze in a quarter century

Hedge funds that bet against GameStop and other stocks have been crushed by the Reddit army -- and they're infecting the rest of Wall Street.

News: What you need to know about the markets     Hedge funds are getting crushed by the worst short squeeze in a quarter century Hedge funds that bet against GameStop and other stocks have been crushed by the Reddit army -- and they're infecting the rest of Wall Street. Read more »   Dow surges as stocks recover from GameStop mania Wall Street is surging for a second day in a row as GameStop mania appears to be calming down. Reddit's favorite stock fell about 40% Tuesday, adding to Monday's sizable losses. Read more »   Exclusive: Elizabeth Warren wants answers on Robinhood's ties to large hedge funds Senator Elizabeth Warren is demanding answers from Robinhood co-CEO Vlad Tenev over potential conflicts of interest caused by the free trading app's relationship with large hedge funds and other financial players. Read more »   Pfizer expects to rake in sales of $15 billion from its Covid-19 vaccine this year Pfizer expects to earn approximately $15 billion in revenue from its Covid-19 vaccine this year, the company said Tuesday. Read more »   Marriott's CEO is reducing his schedule during pancreatic cancer fight Marriott International's president and CEO Arne Sorenson is reducing his demanding schedule for "several months" as he continues to fight pancreatic cancer. Read more »   Wall Street is on alert. But it can move past GameStop It's no secret that GameStop mania has put Wall Street on edge. Read more »

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